Full Story: Chip Hazard / Wahaab Jalal 4 November 2011
It has been reported Thursday that the CBS CEO has turned own an offer from Apple for TV streaming service. The turning down of the offer is mainly being attributed to disagreement over revenue split.
Gigacom reported :-
When asked about CBS’s appetite for striking deals with new streaming providers that might not have the money to pay cash upfront to license its content, Moonves said that CBS had decided against joining an Apple TV service because it was based on an ad split.
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